Company Valuation: Peloton Interactive, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 3,097 2,725 1,253 2,766 2,559 2,159 - -
Change - -12.01% -54% 120.69% -7.48% -15.62% - -
Enterprise Value (EV) 1 3,405 3,597 2,056 3,226 2,651 2,000 1,767 1,533
Change - 5.66% -42.85% 56.89% -17.8% -24.57% -11.66% -13.24%
P/E -1.05x -2.11x -2.24x -23.1x 42.2x 15.5x 14.1x 16.1x
PBR 5.23x -9.3x -2.45x -6.82x -18.6x 12.2x 4.66x 3.02x
PEG - 0x 0x 0.3x -0x 0x 1.4x -1.3x
Capitalization / Revenue 0.86x 0.97x 0.46x 1.11x 1.05x 0.91x 0.92x 0.92x
EV / Revenue 0.95x 1.28x 0.76x 1.29x 1.08x 0.85x 0.75x 0.65x
EV / EBITDA -3.46x -17.3x 587x 7.99x 5.66x 3.99x 3.49x 3.04x
EV / EBIT -1.25x -3.01x -3.89x -89.1x 16.5x 7.79x 6.86x 6.06x
EV / FCF -1.43x -7.65x -24x 9.96x 7.02x 5.34x 4.91x 4.17x
FCF Yield -69.7% -13.1% -4.17% 10% 14.2% 18.7% 20.4% 24%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -8.74 -3.64 -1.51 -0.3 0.14 0.3173 0.3499 0.3051
Distribution rate - - - - - - - -
Net sales 1 3,582 2,800 2,700 2,491 2,446 2,366 2,346 2,359
EBITDA 1 -982.7 -208.5 3.5 403.6 468.2 500.7 506.4 504.6
EBIT 1 -2,723 -1,197 -529 -36.2 160.7 256.7 257.7 252.9
Net income 1 -2,817 -1,262 -551.9 -118.9 63.2 150.8 168.6 157.8
Net Debt 1 307.6 872.5 802.5 459.5 92.5 -159.3 -392.5 -626.4
Reference price 2 9.180 7.690 3.380 6.940 5.910 4.920 4.920 4.920
Nbr of stocks (in thousands) 337,357 354,338 370,814 398,560 432,992 438,872 - -
Announcement Date 8/25/22 A 8/23/23 A 8/22/24 A 8/7/25 A 8/6/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.11x2.16x12.4x1.1% 4.98B
18.41x1.98x8.42x3.77% 4.02B
20x2.06x9.92x3.34% 2.84B
26.19x1.19x9.52x-.--% 2.73B
15.5x0.85x3.99x-.--% 2.16B
14.92x0.99x8.97x1.69% 1.93B
14.99x1.04x8.58x1.16% 1.34B
9.64x0.79x6.49x - 1.2B
44.58x11.93x28.32x1.65% 1.03B
Average 20.59x 2.55x 10.74x 1.59% 2.47B
Weighted average by Cap. 20.11x 2.08x 10.08x 1.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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